Business Activity 6

Ammachchi2014aboutaquarterofuscompaniesoffshoretoother

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Unformatted text preview: t offshoring drives down wages in the US labor market is an overstatement. (Ammachchi 2014) About a quarter of US companies offshore to other countries, mainly in the manufacturing sector of industry. However the majority of employers work with contractors and suppliers inside the United States. According to Tim Sturgeon, a senior researcher at MIT’s Industrial Performance Center, “The portrait that emerges is of two economies – an entirely domestic one made up of small firms and public organizations, and another one consisting of large firms with muc...
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This document was uploaded on 03/06/2014 for the course BUS 1301 at Dallas.

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